In this article, published in the Mining Journal, March 2020, Associate Director Aldo Pennini reviews the impact of increasing competition for investment and rising expectations for Environmental, Social and Governance (ESG) performance in the mining sector. Despite these increasing demands a plethora of global standards and reporting requirements make it difficult for investors and companies to identify what is important to focus on and how to measure impact. This article reviews emerging international industry performance standards, requiring independent and transparent validation at site-level, and the impact these changes will have on mining companies.
Aldo Pennini is a corporate affairs executive with 25 years’ experience and a career spanning government, global corporate and international membership organisation. He was recently Director of Communications at the International Council on Mining and Metals (ICMM). Prior to that he spent eight years at Anglo American Plc serving as Director of External Affairs in Australia, rebranding and positioning the business among key stakeholder groups. Aldo began his career in government spending more than 14 years serving as senior policy advisor and Chief of Staff to State Premiers and Ministers in New South Wales and Queensland (Australia) where he shaped policy and negotiated legislation ranging from natural resource management to carbon emissions trading and multicultural affairs.